Bernanke sees moderate recovery but warns about U.S. deficit
04-15-2010
- The U.S. economy will see moderate economic recovery in coming quarters, but the country should take actions to tackle its deficit challenge, said Federal Reserve Chairman Ben Bernanke on Wednesday.
"We as a nation face..
Toyota to repair stability control systems in Lexus GX 460 SUV..
04-15-2010
- Toyota Motor Corp. will reportedly repair possible defects in approximately 6,000 models of their high-end Lexus GX 460 sport utility vehicles (SUV), sources with knowledge of the matter said Thursday.
The world's large..
China's FDI up 7.7% in Q1
04-15-2010
- Foreign direct investment (FDI) to China increased 7.7 percent year on year to 23.44 billion U.S. dollars in the first quarter, vice commerce minister Ma Xiuhong said here Wednesday.
A total of 5,459 overseas-funded ven..
Apple delays international sale of iPad
04-15-2010
- Citing unexpected demand in the United States, Apple Inc. on Wednesday announced that it will delay international release of its iPad tablet computer by one month to the end of May.
Apple first rolled out iPad in the U...
Haier becomes New Zealand Expo sponsor
04-15-2010
- Haier, the world's largest manufacturer and marketer of whiteware, is now one of three foundation sponsors of the New Zealand pavilion at Shanghai World Expo, which officially opens on May 1.
Haier is one of China's lar..
Chinese city home prices soar nearly 12% in March as property ..
04-15-2010
- China's property market continued to hot up in March with home prices in major cities growing at a double-digit pace, even as the government tries to rein in prices, official data released Wednesday showed.
Home prices ..
Bank of Japan Governor views economy as showing signs of susta..
04-15-2010
- Bank of Japan (BOJ) Governor Masaaki Shirakawa said Wednesday that Japan's economy is picking up as external demand improves and this trend is becoming clearer.
Speaking at a meeting of Japanese trust banks and amid spe..
S Korea sees jobless rate decline to 4.1% in March
04-15-2010
- South Korea saw a decline in its jobless rate in March from a month ago amid the nation's continued efforts to recover its employment market conditions, a government report said Wednesday.
According to the report by Sta..
China to further support foreign investment as FDI surges
04-15-2010
- China will continue to support foreign investment, Vice Commerce Minister Ma Xiuhong pledged Wednesday as the government released figures showing a 7.7-percent year-on-year rise in foreign direct investment in the first ..
China's GDP grows 11.9% in Q1
04-15-2010
- China's gross domestic product (GDP) grew 11.9 percent year on year in the first quarter to 8.06 trillion yuan (1.19 trillion U.S. dollars), the National Bureau of Statistics (NBS) announced Thursday.
The increase is 5...